Schwab U.S. TIPS ETF $SCHP is Adventist Health System Sunbelt Healthcare Corp’s 7th Largest Position

Adventist Health System Sunbelt Healthcare Corp lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 29,954.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,628,695 shares of the company’s stock after buying an additional 4,613,294 shares during the period. Schwab U.S. TIPS ETF makes up approximately 5.4% of Adventist Health System Sunbelt Healthcare Corp’s portfolio, making the stock its 7th largest position. Adventist Health System Sunbelt Healthcare Corp’s holdings in Schwab U.S. TIPS ETF were worth $124,743,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Founders Financial Alliance LLC grew its position in Schwab U.S. TIPS ETF by 392.8% in the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after acquiring an additional 766 shares during the period. Financial Consulate Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at $29,000. Bessemer Group Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at $32,000. Ameritas Investment Partners Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares during the period. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth about $35,000.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.83 on Tuesday. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19. The company has a fifty day simple moving average of $26.61 and a two-hundred day simple moving average of $26.79.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.

Schwab U.S. TIPS ETF Company Profile

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.